(Oslo ,25 November 2021 )DLT ASA (DLTx, OSE: DLTX) reported a profit before tax ofUSD 3.8 million in the third quarter of 2021, up fromUSD -0.1 million in the corresponding period last year, "The third quarter of 2021 marked a successful quarter on DLTx's development path and the company's positive progression as a technology company doing business with blockchains. Our first Filecoin storage provider is fully operational and generating revenues, we have added key resources in IR and marketing, and are continuing to focus on building the foundations of Web 3.," saysThomas Christensen , Chief Executive Officer. DLTx reported cash flow from operating activities ofUSD -0.2m in the quarter, down fromUSD -0.02m in the corresponding quarter last year. The company reported a profit before tax ofUSD 3.8 million up fromUSD -0.1m in the corresponding period last year. "The progress of DLTx since our birth in March has been phenomenal, and I am delighted that we can report a profit before tax of almostUSD 4m for the quarter. This means that our earnings per share in the third quarter wasUSD 0.07 , up 75 % from the second quarter," says Christensen. The company reportedUSD 806,000 in revenue for the quarter, with the majority coming from theFile Storage Partners , the Filecoin storage provider which was established in August. "It is also very satisfying that DLTx can report revenues ofUSD 806,000 for the quarter.File Storage Partners contributedUSD 530,000 of revenue in the quarter even though September was the first full month of operation. For the same period the adjusted EBITDA of the operation wasUSD 400,000 . Performance has been in line with expectations and at the end of Q3 the storage capacity was at 6,894 TiB with 7,260 FIL earned. The pipeline for expansions of the capacity is strong, and we have been able to attract multiple investors for new projects. These projects are in different development stages and I am looking forward to sharing them when they are finalized," Christensen concludes. DLTx will present the financial results for the second quarter of 2021 on Thursday 25 November atFelix Conference Center at10:00 CET . The presentation will be hosted byThomas Christensen and can also be followed live at: https://channel.royalcast.com/landingpage/hegnarmedia/20211125_2/ Questions can be submitted during the webcast. The presentation material and Board of Directors report for the third quarter 2021 are enclosed. For further information, please contact:Thomas Christensen , CEO, +47 922 55 444Andreas Arnesen , Investor Relations, +47 952 55 816 About DLTx | www.dltx.com DLTx is an enterprise vendor for DAOs and public blockchains focused exclusively on building technology within the blockchain industry. DLTx will partner with the best-in-class companies in sectors being reshaped by Distributed Ledger Technologies. The management and advisory board have considerable experience within the blockchain ecosystem and will actively advise and support the companies DLTx helps to develop. DLTx will support core developers, run validation nodes, hold governance tokens and help companies with the right technology, teams and market prospects to succeed. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Thisstock exchange announcement was published byRoger Lund , VP, Strategy, DLTx, on25 November 2021 at07:00 CET .
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